Both companies announced they have officially agreed to enter into a five-year production and co-financing partnership, starting in 2014, in which Universal will market and distribute Legendary's movies worldwide.

Ford Motor will reduce the price of its 2014 Focus Electric compact-car by 10 percent, the latest in a series of price cuts by major-automakers on their battery-powered cars. The 2014 Focus Electric, which will reach dealerships in the next few weeks, will have a starting price of $35,200